Viper Energy Ut (VNOM)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 5,069,040 | 3,974,090 | 2,920,370 | 3,034,020 | 2,461,380 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $5,069,040K
= 0.00
The debt-to-assets ratio for Viper Energy Ut has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt financing to acquire assets during this period. A debt-to-assets ratio of 0.00 implies that the company's assets are entirely financed by equity rather than debt. This could suggest a conservative financial strategy, as the company is not relying on borrowed funds for its operations or expansion. However, it's important to note that a low or zero debt-to-assets ratio may also limit potential growth opportunities that could be pursued through leverage.
Peer comparison
Dec 31, 2024